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20121002
20121010
Search Results 0 to 14 of about 15 (some duplicates have been removed)
, taxes and the future of health care. nbc's steve handelsman has more. >> reporter: the pressure was on mitt romney who needed a turn around. president obama came into the debate ahead in every battleground state. with an estimated 60 million americans watching on tv, cable and the web, moderator jim leherer asked can you put more people to work? >> the answer is, yes, we can help. >> reporter: romney would cut taxes and regulations on small business. >> my priority is jobs, and so what i do is i bring down the tax rates. >> governor romney's proposal that he's been promoting for 18 months calls for a $5 trillion tax cut. >> reporter: which the president claimed would help the rich at others' expense. >> the average middle class family with young children would pay $2,000 more. >> everything he said about my tax plan is not accurate. >> it is not possible to come up with enough tax cuts to avoid either raising the deficit or burdening the middle class. it's math. it's arithmetic. >> reporter: on medicare and social security one agreement. >> neither the president nor i are propos
, taxes and the future of health care. nbc's tracie potts is in denver for us. she has a preview. good morning to you, tracie. >> reporter: lynn, good morning. the pressure was on for romney to perform, to back up his ideas with details, taking on the man that even republicans called one of the most skilled debaters in modern politics. the point of this debate was to make differences clear on lowering the debt. >> you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficit. >> the way we do is for additional cut, we ask for a dollar of additional revenue, paid for, as i indicated earlier, by asking those of us who have done very well in this country to contribute a little bit more to reduce the deficit. >> reporter: the president insisted romney would spend $5 trillion on tax breaks favoring the wealthy. >> math, common sense and our history shows us that's not a recipe for job growth. >> everything he just said about my tax plan is inaccurate. >> reporter: they clashed on wall street, whether banks should be too big to fail, and medicare. >> cu
income taxes. he was asked what he would have said if that had come up in debate. >> clearly in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i said something that's just completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. >> president obama campaigned in wisconsin and sharply criticized romney's statements during the debate on tax cuts, education and outsourcing as misleading to the middle class, and the president had this to say about his opponent's plan for reducing the deficit. >> i just want to make sure i got this straight. he'll get rid of regulations on wall street but he's going to crack down on sesame street. thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits. elmo's got to watch out. >> and vice president joe biden was campaigning in iowa saying that mitt romney flip-flopped on his own tax cut plan that was the centerpiece of the go
in florida, he focused on taxes and president obama. >> he will ultimately have to raise taxes on middle income taxes by $4,000 a year. >> reporter: since last week's debate, which romney is widely regarded as having won, both sides argued the other was dishonest. >> he was a little taken aback at the brazenness with which governor romney walked away from so many of the positions on which he's run. >> reporter: their truth war now on tv. >> not telling the truth about mitt romney's tax plan. >> this was dishonest. >> i'm not in favor of a $5 trillion tax cut. >> the governor knows his $5 trillion tax cut isn't too popular, so a few weeks before the election, he's trying to pretend it doesn't exist. >> reporter: president obama at a star-studded fundraising concert in los angeles sunday, heads to san francisco today with romney's poll numbers improving. >> they're looking very good. >> reporter: after the debate, reuters puts mitt romney within two points of the president. tomorrow we'll see both candidates in ohio. there's good reason for that. tomorrow is the last day voters there can r
: doug is undecided. i'd like to see some details both from romney and obama mainly on tax policy. >> reporter: vice president biden charged team romney would hike middle class tax. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: the republicans jumped on that. buried by obama? >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> reporter: that's the kind of zinger sure to be heard at debate number one. i'm steve handelsman, nbc news, denver, colorado. >>> and of course tonight nbc is going to have complete coverage of this first presidential debate anchored by brian williams along the best political team in the business. it all starts at 9:00 p.m. eastern, 6:00 p.m. pacific. >>> elsewhere, a judge in pennsylvania has blocked the state's stricter voter i.d. law from taking effect this november. after weeks of protests, the ruling means that voters in
more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the new federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collide d with a ferry and sank. it is the deadliest accident there in years. police say six crew members have been arrested. >>> in canada fireballs rose from a warehouse housing highly explosive racing car fuel. scores of home had to be evacuated. no injuries and so far no word on what caused the fire. >>> the white house is lit up in pink to mark ok as breast cancer awareness month. new york's empire state building is also bathed in pink light. even buckingham palace in london has gone pink to support the campaign. >>> here san early look on how wall street will kick off the day. the dow closed at 13,515 after adding 77 points yesterday. the s&p was up three, but the
over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collidewide a ferry and sank. it is the deadliest accident there in years. >>> a house in clam mouth falls, oregon, that was sold this summer turned out to be a meth lab. it had toxic chemicals 80 times. the family who bought the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street
Search Results 0 to 14 of about 15 (some duplicates have been removed)